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Billing consultant vs billing specialist

The differences between billing consultants and billing specialists can be seen in a few details. Each job has different responsibilities and duties. It typically takes 1-2 years to become both a billing consultant and a billing specialist. Additionally, a billing consultant has an average salary of $94,948, which is higher than the $35,624 average annual salary of a billing specialist.

The top three skills for a billing consultant include patients, medicaid and billing procedures. The most important skills for a billing specialist are patients, customer service, and data entry.

Billing consultant vs billing specialist overview

Billing ConsultantBilling Specialist
Yearly salary$94,948$35,624
Hourly rate$45.65$17.13
Growth rate-3%-3%
Number of jobs25,94355,205
Job satisfaction--
Most common degreeBachelor's Degree, 47%Bachelor's Degree, 31%
Average age4646
Years of experience22

Billing consultant vs billing specialist salary

Billing consultants and billing specialists have different pay scales, as shown below.

Billing ConsultantBilling Specialist
Average salary$94,948$35,624
Salary rangeBetween $75,000 And $119,000Between $27,000 And $45,000
Highest paying CityWashington, DCWashington, DC
Highest paying stateMarylandDelaware
Best paying companySlalomTIBCO Software
Best paying industryFinanceManufacturing

Differences between billing consultant and billing specialist education

There are a few differences between a billing consultant and a billing specialist in terms of educational background:

Billing ConsultantBilling Specialist
Most common degreeBachelor's Degree, 47%Bachelor's Degree, 31%
Most common majorBusinessBusiness
Most common collegeStanford UniversityUniversity of Pennsylvania

Billing consultant vs billing specialist demographics

Here are the differences between billing consultants' and billing specialists' demographics:

Billing ConsultantBilling Specialist
Average age4646
Gender ratioMale, 24.9% Female, 75.1%Male, 12.7% Female, 87.3%
Race ratioBlack or African American, 12.0% Unknown, 4.4% Hispanic or Latino, 18.4% Asian, 7.7% White, 56.7% American Indian and Alaska Native, 0.9%Black or African American, 10.9% Unknown, 4.4% Hispanic or Latino, 19.2% Asian, 7.4% White, 57.3% American Indian and Alaska Native, 0.9%
LGBT Percentage7%7%

Differences between billing consultant and billing specialist duties and responsibilities

Billing consultant example responsibilities.

  • Manage software programs for MSP accounts, monthly billing and EMC file transfers to Medicare.
  • Register incoming patients, verify demographics as well as insurance verification.
  • Research and determine the viability of collections on all Medicaid accounts receivables.
  • Audit EMR system and correct ICD-9 coding errors.
  • Review EOB's, and apply payments to the patient's accounts, making applicable adjustments.
  • Contact insurance carrier directly, review eob's, reviewing medical records, denials, write appeals.
  • Show more

Billing specialist example responsibilities.

  • Use of QuickBooks to manage vendors' accounts, set up filing system to maintain files and supporting billing documents.
  • Manage the daily correspondence with keeping doctor/patient confidentiality under consideration along with HIPPA regulations.
  • Use independent judgment, manage and impart confidential information appropriately per HIPAA regulations and company requirements.
  • Accept and process healthcare claims and confidential medical records; verify patient eligibility and manage the Medicare and Medicaid billing process.
  • Provide additional information/clarification for insurance claims using knowledge of CPT, ICD-9, and HCPCS codes, as well as modifiers.
  • Assist staff with proper billing for patients, ensure proper coding using ICD-10, ICD-9 and CPT-4 coding.
  • Show more

Billing consultant vs billing specialist skills

Common billing consultant skills
  • Patients, 13%
  • Medicaid, 10%
  • Billing Procedures, 8%
  • Medical Claims, 5%
  • Patient Accounts, 4%
  • Medical Billing Software, 3%
Common billing specialist skills
  • Patients, 16%
  • Customer Service, 10%
  • Data Entry, 9%
  • Medical Billing, 7%
  • Medicaid, 6%
  • CPT, 3%

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